COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.
Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.
But supposedly the government will find a way to regulate all prices in the market, supermarts, even only for the basic needs. However, they just allow the merchant to increase prices despite the crisis we face. I know it was not the government being a direct receiver of our complaint but at least, they show their constant support and monitor the market prices as some merchants taking advantage of the situation while the designated authorities are busy helping with the other stuff. In this way, it is possible there is no huge increase in all common commodities in the market.